Month: August 2023

In this article NVAX Follow your favorite stocksCREATE FREE ACCOUNT Medical syringes and Novavax logo displayed in the background are seen in this illustration photo taken in Krakow, Poland on December 2, 2021. Jakub Porzycki | NurPhoto | Getty Images Novavax on Tuesday reported a surprise second-quarter profit and revenue that topped Wall Street’s expectations
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Sollina Images | Tetra Images | Getty Images After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions and embraced the soft landing targeted by the Federal Reserve. These shifts have sparked conversations among financial advisors and their clients, who may have varying levels of optimism
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As of early August, $12.5 million emerged as the sweet spot for record sales on Southern California’s tony Palos Verdes Peninsula. Two properties—a 6,000-square-foot estate in Palos Verdes Estates and a 10-acre hilltop residence in Rolling Hills Estates—sold for the top price in the last six months. The home was designed to showcase expansive coastal
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In this article HBI Follow your favorite stocksCREATE FREE ACCOUNT A customer at a Target store in Chicago, Illinois shops for Hanes underwear Tannen Maury | Bloomberg | Getty Images Activist investment firm Barington Capital Group is pressuring Hanesbrands to reduce its costs, generate cash and perhaps pick a new CEO as the apparel maker’s
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In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong sales from the pharmaceutical giant’s drug pipeline. The company now expects full-year revenue of between $33.4
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Getty Images PNC Financial, Citizens Financial, M&T Bank — Regional bank stocks were broadly under pressure Tuesday after Moody’s downgraded the credit in several smaller institutions. The ratings agency also said some larger banks were under review for a downgrade. Shares of M&T Bank and Webster Financial, which had their credit rating downgraded, fell 2%
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In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank shocked markets with a surprise loss in the first quarter covering April-June, but the Japanese tech conglomerate posted a rare investment gain at its massive tech-focused
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More than 325 million bottles of champagne were shipped from Champagne in 2022, according to Comité Champagne. Dave Kotinsky | Getty Images Entertainment | Getty Images Champagne has been a hallmark of celebrations and luxury living for centuries. But Europe’s soaring temperatures and increasingly volatile weather are sparking fears that France’s Champagne region could become
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